forexbrokers.qa logo

ForexBrokers.qa > FxPro

Review: Fast order execution is a priority for FxPro. It's a site similar to IC Markets.

FxPro: Started its operations back in 2006 and has been around for quite sometime.

They frequently sponsor major football leagues and tournaments paying heavy sponsorship fees to FIFA and other international football governing bodies and associations, including the owners of football clubs in Europe, South America, the Middle East and Asia.

Review: Since Qataris love football and trading forex, this broker is already well-known among many investors living in Doha.

Overall it's a fine forex and crypto broker.

It's regulated by the Financial Conduct Authority (registration number 509956), the Cyprus Securities and Exchange Commission (licence number 078/07), South Africa Financial Sector Conduct Authority (authorisation number 45052), the Securities Commission of The Bahamas (license no. SIA-F184).

Yes, the official website and app of this broker is safe, legit and trustworthy for online forex and cryptocurrency trading in Qatar.

Trading in forex and CFDs on a variety of commodities, equities, indices, and futures is available via FxPro.

Review: There are approximately 170 countries where FxPro has retail and institutional customers.

Fast order execution is a priority for FxPro. Website claims that most forex orders are executed within 14 milliseconds.

Edge, MetaTrader 4, MetaTrader 5, and cTrader are only some of the platforms supplied by FxPro.

Review: Over 2,100 trading products, including CFDs on futures and cryptocurrencies, are offered by FxPro, which is above average in the industry.

Using the FxPro Wallet, customers may deposit and withdraw money more quickly and easily.

FxPro's live chat support and extensive training resources, make them an excellent choice for traders at the beginning stages of their careers.

The diversity of platforms, low spreads, and third-party tools like Trading Central may help advanced traders.

Review: MetaTrader's multi-account management capabilities allow professional money managers to utilise FxPro.


Review: The UK Financial Conduct Authority and the Cyprus Securities & Exchange Commission are two of the many regulatory bodies that keep an eye on FxPro (CySEC. We give FxPro an overall rating of good transparency.

It doesn't matter if you're a retail or professional trader; FxPro offers Negative Balance Protection (NBP).

Average to competitive spreads may be found at FxPro.

VIP members get access to smaller spreads.

After six months of inactivity, FxPro imposes an inactivity fee. There is an initial one-time charge of $15 and a monthly charge of $10 every month that the account is inactive for more than 30 days.

Review: It is possible to trade and manage your account with the FxPro Direct app for iOS and Android. The app's UI is simple and easy to use.

One-click trading and chart-based trading are also accessible.

Advanced features like copy trading and automated trading may be found in FxPro's MetaTrader 4 and MetaTrader 5 desktop platforms.

FxPro's dealing desk does not become involved in any of its clients' deals. FxPro is able to match a large portion of its order flow internally due to the massive number of transactions it receives from clients. A residual exposure up to a predetermined market risk limit remains in the firm's control. Excess risk may be hedged outside the company.

Review: You may contact FxPro through phone, chat or email at any time. We got prompt and informative replies through chat and email, however phone assistance was unavailable at the time of our test.

It took less than a day for FxPro's customer support agents to react to chat requests and the same day to e-mails. During the time of our testing, phone help was unavailable owing to 'system issues'.

Deposits may be made through bank transfer and credit/debit card by UK customers of FxPro.

In addition to digital wallets, FxPro's other companies provide other alternatives. One business day is the standard processing time for bank wire and credit/debit card deposits and withdrawals.

For bank wire withdrawals, customers must wait up to two to five working days for the monies to arrive in their accounts. For credit/debit card withdrawals, the monies will be returned to your card within 3-7 working days.

FxPro provides a Sharia-compliant Islamic account with no swap fees.

Review: With FxPro UK Limited, a regular account has a leverage ratio of 1:30. This translates to the ability to manage up to $30,000 worth of market positions with only a $1,000 deposit.

Leverage ratios of up to 1:500 are available to those classified as professionals. This implies that you may get ownership of positions worth up to $500,000 with a single $1,000 investment.

Review: It is said that leverage is a "double-edged sword," since it may both benefit and damage you. Traders must keep in mind that it has the potential to magnify their gains as well as their losses.

There are generally no restrictions on the countries in which FxPro accepts customers, but traders from the United States, Iran, and Canada, on the other hand, are currently not permitted.

High-quality in-house analysis and a wide variety of proprietary and third-party tools make FxPro a leader in the research sector. Traders of all levels may benefit from the wide range of educational resources provided, which are updated often.

Review: A $1,000 minimum deposit amount is suggested for opening an account at FxPro.

Global banks such as Barclays and RBS hold client money in separate accounts.

FxPro has been in business for more than a decade.

Over 200 people work for the firm, which is based in London, England.

Learn more about Forex.

Sites like FxPro in Qatar

The companies listed in this section provide free registration and forex account opening for the residents:

Written by Tariq AlKhaldi

Tariq AlKhaldiA professional Banker and a part-time writer of financial topics. I'm energetic and highly committed having 10 years of Islamic Banking experience. Full Bio.

 

 


Copyright ForexBrokers.qa. All rights reserved.